709 Main St, Worcester, MA 01610
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$2,400,000
5 Unit
14 Beds
6 Baths
10668 SQFT
0.33 Acre

Property Description

MASSIVE CORNER LOT PACKAGE SALE in Downtown Worcester! Two adjoining corner parcels. 14,200+ SF of land. Offered at just $169 per SF of land. Underwritten at a POWERFUL 11.5% PRO FORMA CAP RATE ACROSS BOTH LOTS. 703–711 Main St is extensively renovated. Street-level retail is occupied on a modified gross lease by an expanding restaurant, thriving mini-mart, and a beloved neighborhood 14-chair barbershop producing $117,600 with clear upside.The entire second floor was COMPLETELY GUT RENOVATED IN 2025. 14 giant bedrooms. 3 kitchens. 3 full baths. 100% new HVAC, plumbing, and electrical. Approved rooming house license in place! Projected residential income of $184,800 annually. This is true income-producing urban infill in the heart of downtown Worcester. Immediate yield. Efficient basis. Long-term redevelopment and density upside. Assets like this almost never come to market. Move quickly.

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 2
  • Total Bedrooms: 14
  • Total Full Baths: 3
  • Total Half Baths: 3
  • Amenities: Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails

Financial

  • APOD Available: No
  • Gross Operating Income: 302400
  • Net Operating Income: 15840

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Unit 2 Description

  • Under Lease: No

Construction

  • Year Built: 1920
  • Type: 5+ Family - Rooming House
  • Construction Type: Brick
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73463464
  • Last Updated: 12/23/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/22/2025New$2,400,000$225MLSPIN
12/22/2025New$2,400,000$225MLSPIN
11/18/2025Temporarily Withdrawn$10,000$2MLSPIN
07/27/2025Active$10,000$2MLSPIN
07/23/2025Extended$10,000$2MLSPIN
07/16/2025Active$10,000$2MLSPIN
07/12/2025Extended$10,000$2MLSPIN
06/10/2025Active$10,000$2MLSPIN
06/06/2025Extended$10,000$2MLSPIN
02/15/2025Active$10,000$2MLSPIN
02/11/2025New$10,000$2MLSPIN
01/02/2025Expired$10,000$2MLSPIN
11/30/2024Active$10,000$2MLSPIN
11/26/2024New$10,000$2MLSPIN
04/08/2024Canceled$2,995,000MLSPIN
02/11/2024Active$2,995,000MLSPIN
02/07/2024New$2,995,000MLSPIN
02/05/2008Temporarily Withdrawn$600,000MLSPIN
01/07/2008Extended$600,000MLSPIN
10/20/2007Back on Market$600,000MLSPIN
09/20/2007Under Agreement$600,000MLSPIN
08/12/2007Back on Market$600,000MLSPIN
07/30/2007Under Agreement$600,000MLSPIN
07/13/2007Active$600,000MLSPIN

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Seller's Representative: Ben Hicks, Bridgemont Realty LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-12-23 13:32:00